One 77-year-old’s search for the truth: 9/11, election fraud, illegal wars, Wall Street criminality, a stolen nuke, the neocon wars, control of the U.S. government by global corporations, the unjustified assault on Social Security, media complicity, and the "Great Recession" about to become the second Great Depression. "The most important truths are hidden from us by the powerful few who strive to steal the American dream by keeping We the People in the dark."

Sunday, March 30, 2014

Why is it that I've spent my adult life believing that the purpose of the IMF has been to help indebted countries out of debt? Whereas its true purpose has been to force those countries to privatize their profit-making sectors, allowing them to be bought off by speculators and global corporations, while forcing the government to cut old-age pensions, government services, government employment, and subsidies to the rest of the populace in order to pay back the IMF for the money that they promised but never really deliver, because the Western banks are given the money (something you surely won't learn from the presstitute "mainstream" media).

It is now apparent that the “Maiden protests” in Kiev were in
actuality a Washington organized coup against the elected democratic
government. The purpose of the coup is to put NATO military bases on
Ukraine’s border with Russia and to impose an IMF austerity program that
serves as cover for Western financial interests to loot the country.
The sincere idealistic protesters who took to the streets without being
paid were the gullible dupes of the plot to destroy their country.

Politically Ukraine is an untenable aggregation of Ukrainian and
Russian territory, because traditional Russian territories were stuck
into the borders of the Ukraine Soviet Republic by Lenin and Khrushchev.
The Crimea, stuck into Ukraine by Khrushchev, has already departed and
rejoined Russia. Unless some autonomy is granted to them, Russian areas
in eastern and southern Ukraine might also depart and return to Russia.
If the animosity displayed toward the Russian speaking population by the
stooge government in Kiev continues, more defections to Russia are
likely.

The Washington-imposed coup faces other possible difficulties from
what seems to be a growing conflict between the well-organized Right
Sector and the Washington-imposed stooges. If armed conflict between
these two groups were to occur, Washington might conclude that it needs
to send help to its stooges. The appearance of US/NATO troops in
Ukraine would create pressure on Putin to occupy the remaining Russian
speaking parts of Ukraine.

Before the political and geographical issues are settled, the Western
looting of Ukraine has already begun. The Western media, doesn’t tell
any more truth about IMF “rescue packages” than it does about anything
else. The media reports, and many Ukrainians believe, that the IMF is
going to rescue Ukraine financially by giving the country billions of
dollars.

Ukraine will never see one dollar of the IMF money. What the IMF is
going to do is to substitute Ukrainian indebtedness to the IMF for
Ukrainian indebtedness to Western banks. The IMF will hand over the
money to the Western banks, and the Western banks will reduce Ukraine’s
indebtedness by the amount of IMF money. Instead of being indebted to
the banks, Ukraine will now be indebted to the IMF.

Now the looting can begin. The IMF loan brings new conditions and
imposes austerity on the Ukrainian people so that the Ukraine government
can gather up the money with which to repay the IMF. The IMF
conditions that will be imposed on the struggling Ukraine population
will consist of severe reductions in old-age pensions, in government
services, in government employment, and in subsidies for basic consumer
purchases such as natural gas. Already low living standards will
plummet. In addition, Ukrainian public assets and Ukrainian owned
private industries will have to be sold off to Western purchasers.

Additionally, Ukraine will have to float its currency. In a futile
effort to protect its currency’s value from being driven very low (and
consequently import prices very high) by speculators ganging up on the
currency and short-selling it, Ukraine will borrow more money with which
to support its currency in the foreign exchange market. Of course, the
currency speculators will end up with the borrowed money, leaving
Ukraine much deeper in debt than currently.

The corruption involved is legendary, so the direct result of the
gullible Maiden protesters will be lower Ukrainian living standards,
more corruption, loss of sovereignty over the country’s economic policy,
and the transfer of Ukrainian public and private property to Western
interests.

If Ukraine also falls into NATO’s clutches, Ukraine will also find
itself in a military alliance against Russia and find itself targeted by
Russian missiles. This will be a tragedy for Ukraine and Russia as
Ukrainians have relatives in Russia and Russians have relatives in
Ukraine. The two countries have essentially been one for 200 years. To
have them torn apart by Western looting and Washington’s drive for world
hegemony is a terrible shame and a great crime.

The gullible dupes who participated in the orchestrated Maiden protests will rue it for the rest of their lives.

One final word. Despite unequivocal evidence of one country after
another being looted by the West, governments of indebted countries
continue to sign up for IMF programs. Why do governments of countries
continue to agree to the foreign looting of their populations? The only
answer is that they are paid. The corruption that is descending upon
Ukraine will make the former regime look honest.

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About Me

B.S. in Physics, Carnegie-Mellon University, 1960 Ph.D. in Physics, Brown University, 1966. Fellow, American Physical
Society. Fellow, American Association for the Advancement of Science.
Fellow, American Ceramic Society. Member, Geological Society of America, Research Physicist at Naval Research Laboratory (NRL), Washington, DC,
1967-2001. Fulbright-García Robles Fellow at Universidad Nacional
Autónoma de México, 1997. Invited Professor of Research at Universités
de Paris-6 & 7, Lyon-1, et St-Etienne (France) and Tokyo Institute
of Technology, 2000-2004. Adjunct Professor of Materials Science and
Engineering, University of Arizona, 2004-2005. Consultancy: impactGlass
research international, 2005-present.
Winner, one national and two international research awards and honored
by Brown University with a "Distinguished Graduate School Alumnus
Award." Author, 198 papers in peer-reviewed journals and books, Principal Author of 114 of these.